Insights on EURUSD
Hello Traders,
I have done some research and found out that COVID cases are on the rise across Europe. Germany and France. They are expected to implement new measures and closure for 2 weeks in order to limit the spread. This contributes to EUR sales.
At the moment the first resistance is 1.1875 and from there we can expect repulsion and the beginning of a downward movement. The initial target of such a decline would be 1.1695
To support us, like and comment!
I have done some research and found out that COVID cases are on the rise across Europe. Germany and France. They are expected to implement new measures and closure for 2 weeks in order to limit the spread. This contributes to EUR sales.
At the moment the first resistance is 1.1875 and from there we can expect repulsion and the beginning of a downward movement. The initial target of such a decline would be 1.1695
To support us, like and comment!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.